Loring Consulting Engineers, Inc.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Initiated integration of advanced LED lighting systems with smart controls in several offices.
- Substantially reduced plotting of drawings, standardizing electronic markups and transmittance.
- Reduced the number of servers from ten to one physical server through server virtualization.
Social Achievements
- 55% of employees represent minorities from 30+ countries.
- Over 50% of Principals and Office Managers represent minority ethnic and cultural groups.
- Offered comprehensive benefits package including medical, dental, vision, commuter benefits, and wellness programs.
- Supported employee professional development through license preparation coverage, tuition reimbursement, and conference attendance.
Governance Achievements
- Operates under the guidance of a Board of Directors elected at an Annual Shareholders Meeting.
- Maintains an open-door policy and holds quarterly corporate meetings with all staff.
- Actively developing a comprehensive risk management policy, including weekly 'go-no go' meetings for project pursuits.
Climate Goals & Targets
Long-term Goals:
- Eliminate embodied carbon in our projects by 2040 (MEP 2040 Challenge)
Medium-term Goals:
- Achieve net-zero carbon emissions in the buildings we design by 2030 (MEP 2040 Challenge)
Environmental Challenges
- Precise tracking of water usage is limited due to integration into lease agreements.
- Lack of specific data on waste management due to lease agreements.
Mitigation Strategies
- Implementing water reduction measures, including low-flow fixtures and automatic flush valves.
- Landlords' implementation of recycling programs for paper, cans, and cardboard.
Supply Chain Management
Responsible Procurement
- Emphasizing recycled materials and those certified by the Forest Stewardship Council (FSC)